The market dictates which technology lives and dies, true enough, but it does it too late to be much of a help. Without forward thinking people looking at hydrogen and other power sources, there would be no replacement on the current internal combustion gasoline engines automobile. Gas has been the cheap and easy solution for 100 years now, but that might not always be the case. By the time the market gets around to pricing gas out of people's reach, it will already be very close to crisis.
$100 a barrel oil would certain make some other technologies look more interesting.
If 3% of the world oil production was to be forced off today, the panic would start, because we are that close. The panic to get Iraq back to producing noticable levels of oil output is easy to feel. The terrorist types know it too!
Alex
__________________
Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds
|
10-15-2004
Threaded Mode
